8400 Cottage Rose DR, Austin TX 78744

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $328,085. I'd recommend coming to market at $320,000 to $358,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in ADDISON, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. With 3 similar homes currently listed in ADDISON (a balanced market), competition is a factor to consider. The trend in ADDISON shows prices have risen 3.7% in the past 6 months. 8108 McKamy DR, Austin TX 78744 nearby adjusts to $315,855; with a larger floor plan. Based on 7 relevant data points in ADDISON, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX